latest – Page 132
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NewsGraham’s Family Dairy profits fall 9% despite double-digit sales jump
Scottish dairy group Graham’s has boosted annual revenues by 20% but profits declined 9% as margins remained tight amid challenging industry conditions.
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NewsDunnhumby hit by £33m loss in wake of new Tesco terms
With Tesco abandoning its £2bn sale in 2015, Dunnhumby fell to a £33m pre-tax loss in the year to 28 February 2017
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NewsGoldman analysis of Tesco, Morrisons and Sainsbury’s excites City
The fortunes of the three listed grocers are looking up after an unexpected early Christmas present from analysts at Goldman
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News2 Sisters profits hit by site closure and rising commodities
Operating profits at 2 Sisters fell 58% to £8.4m in the 13 weeks to 28 October…
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NewsFortnum & Mason credits record sales to tea and hampers
Tea sales spiked by 18% and the luxury retailer’s hampers also enjoyed a strong year, with sales up by 15%
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NewsGreencore steadies ship after year of 'building foundations'
Greencore’s share price had plunged by about 40% since March before releasing its annual financial results on Tuesday
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NewsMarston's sales surge but core bottled ales struggle
Revenues are up 10% his year, but sales of Pedigree and key brands have plummeted, despite a £1m revamp
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NewsDanish Crown sees record sales despite currency turbulence
Farmers’ co-operative, which also owns Tulip and bacon brand Danepak, saw sales climb by 2 billion Danish Krone
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NewsGraze profits fall as it invests in US expansion
Revenues at Graze rose 8% to £76m last year but profits fell 40% as the snacks business invested heavily to establish a retail presence in the US.
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NewsSainsbury's short selling at highest for over a year
Short selling of Sainsbury’s shares has jumped to its highest level for over a year
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NewsSSP sales hike sends shares soaring
Despite struggles in grocery and restaurants, food to go continues to go from strength to strength
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NewsRaisio removes Big Bear boss Ciaran Sullivan
Raisio blamed a negative financial performance for the senior management change
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NewsCity snapshot: Naked Wines drives first half growth at Majestic
Majestic Wine has posted underlying first half sales growth of 4.2% and a return to profitability as its Naked Wines online business saw its US sales jump. Plus, platinum members can read the our full exclusive interview with Tesco’s Dave Lewis and Booker’s Charles Wilson, Remy Cointreau’s first half sales rise and all the rest of this morning’s news from the City.
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NewsAir travel growth boosts SSP Group
Upper Crust and Caffe Ritazza owner SSP Group has reported a double-digit hike in annual sales and profits as a rise in air travel and growth in North America boosted performance.
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NewsCity snapshot: Strong North American growth boosts catering giant Compass Group
FTSE 100 catering giant Compass Group (CPG) has announced a 4% rise in organic revenues as a strong performance in North America underpinned growth. Plus, Tesco and Booker shares rise again and all the rest of this morning’s news from the City
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NewsPremier Foods second quarter group sales leap 6%
Premier Foods may finally be delivering on its promises of progress after announcing stellar second-quarter sales
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NewsAsda reports second consecutive quarter of sales growth
Like for like sales in the third quarter grew by 1.1%
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NewsNissin partnership starts to pay off for Premier Foods
Premier Foods’ boss Gavin Darby has hailed the “renaissance” of its Bachelors brand under its partnership with Nissin Foods as the UK-listed supplier reported a revival of fortunes in the second quarter.
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NewsMoy Park reports 'strong' sales growth in Q3
Revenues at Northern Irish poultry producer Moy Park rose 11.3% to £392.6m in the third quarter on strong volume growth, favourable exchange rate movements and recovery of cost inflation.
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NewsMarks & Spencer's food division hit by price inflation
For years, Simply Food has bailed out falling clothes sales at Marks & Spencer